Passaic County Historical Society
Nonprofit profile at a glance
- EIN
- 221559426
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Paterson, NJ, USA
- Phone
- 9732470085
- Rating
- 50
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Historical Societies & Historic Preservation
Reported finances
- Revenue
- $132,316
- Expenses
- $50,772
- Assets
- $2,047,317
- Liabilities
- $2,290
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- ROBERT HAZEKAMP (1ST VICE PRESIDENT)
- MARIE MAHLER (PRESIDENT)
People named in this filing
- SHARON BRIGGS (1ST SECRETARY)
- MARIA CARPARELLI (2ND SECRETARY)
- MARK CONVOY (TRUSTEE)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Preserve & cultivate materials of historical interest pertaining to passaic county for the general public.
What it reported doing in 2024
Educational programs & preservation of historical items pertaining to passaic county.
Operating model
- Revenue model
- Investment-supported. 88% of the money available for current operations came from recurring investment income.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 5
- Transparency & Controls: 90
- Accountability: 76
- Sustainability: 88
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 4.8%; rating input score 5
- Program expense ratio: 7.1%; rating input score 7
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 3 of 7 controls in place; rating input score 43
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 61.6%; rating input score 94; 94th percentile among comparable filings
- Total-asset coverage ratio: 40.32; rating input score 98; 98th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 56; 56th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: -17.1% per year; rating input score 0; 7th percentile among comparable filings
- Revenue growth: -2.9% per year; rating input score 0; 14th percentile among comparable filings
- Asset growth: 7.6% per year; rating input score 100; 58th percentile among comparable filings
Details
- Where the money goes: 4.8% of revenue deployed · 7.1% of spending went to programs
- Governance: 12 of 12 board members independent · 3 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $4K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 22 of 22 current checks pass
- Schedules: 3 filed schedules
- Filing history: 13 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 5/100.
- High — Financial Efficiency: Program expense ratio scored 7/100.
- Moderate — Accountability: Governance controls: 3 of 6 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Liabilities to assets ratio scored 56/100.